The Securities and Exchange Commission ("Commission") announced that the United States District Court for the District of Nevada entered Default Judgments against defendants Homer T. Langrill ("Langrill"), a former Nevada resident, and Thomas W. Becker ("Becker") of Las Vegas, Nevada on April 9, 2003. These judgments settle the Commission's claims in a civil action filed by the Commission on October 31, 2002 alleging that Langrill and Becker issued false and misleading public statements about a publicly traded but legally defunct microcap company, Greater Northwest Research & Development Group, Inc. ("Greater Northwest").

The complaint alleged that the false and misleading statements concerned the undisclosed control of Greater Northwest by Langrill, a recidivist with multiple felony convictions, the identity of the members of its board of directors, and its legal status, financial condition, acquisition of other companies, future financial performance, and eligibility for quotation on the OTC Bulletin Board. Moreover, the complaint alleged that Langrill and Becker sold restricted Greater Northwest stock in unregistered transactions for profits of at least $24,537 and $46,400, respectively, while the false statements were disseminated through press releases, an Internet website, and a cable television infomercial. According to the complaint, Langrill and Becker failed to file mandatory periodic and current reports with the Commission on behalf of Greater Northwest since 1996, and further failed to report their beneficial ownership and disposition of Greater Northwest stock.

The Default Judgments permanently enjoin Langrill and Becker from violating Section 5 of the Securities Act of 1933 and Sections 10(b), 13(d), 16(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 10b-5, 13d-1, 13d-2, 16a-2 and 16a-3 thereunder, and from controlling any person who violates Section 13(a) of the Exchange Act and Rules 13a-1, 13a-11 and 13a-13 thereunder. The Default Judgments also permanently enjoin Langrill and Becker from participating in offerings of penny stock and acting as officers or directors of public companies. Langrill was ordered to pay disgorgement in the amount of $24,537, prejudgment interest of $1,057.62 and a civil penalty of $25,000. Becker was ordered to pay disgorgement in the amount of $46,400, prejudgment interest of $1,999.97 and a civil penalty of $45,000.